There are some people who just find saving money to be the easiest task they have ever undertaken. Whether it’s saving a deposit for a home, saving to buy a new car or even saving for a new phone which has just been released. Whatever the goal, they are able to achieve it without any problems.
If you identify with the latter, we are here with information about four apps which can help you manage your money more effectively.
Let’s start with the app that saves you money without you even trying. The Groupon Coupons app and website have rapidly become the first service consumer look to when buying a new product. It doesn’t matter if you are looking for new spectacles, you need some new makeup from the Groupon Coupons page for Birchbox, or you just want to save money on a massage or beauty treatment, Groupon Coupons has what you need at a discounted price.
Once you have reigned in your spending budget, it’s time to look at ways to get yourself out of debt and into a stronger financial position. For this task, consider using Debt Free. Debt Free can be a great utility for people who have no real understanding of their financial position, let alone how to change it for the better. This is an activity which Debt Free handles seamlessly, allowing you input all of your financial income streams and obligations where it can turn the data into an easy to understand interface.
This interface shows you, at a glance, your current financial position, including information about which debt is accruing the most interest, and calculators which allow you to calculate how long it will take to clear a debt by rearranging your monthly payments. Of course, this is also a great way to help you reduce the amount of interest which you are paying each month.
If your relationship to the stock market is like an ants relationship to…well, the stock market, then Acorns is for you. The way Acorns works is that it enables regular people to invest relatively small amounts of money into a larger pool. For example, this app connects to your internet banking services and monitors your transactions. Each time that you make a transaction for say, $10.65, the app rounds up the payment to the nearest dollar and invests the difference. In this example, 15 cents.
While it may not seem like a lot of money, when you consider just how many transactions you make each day, these small amounts can and will quickly add up.
Of course, if you aren’t a fan of apps or complicated sites and prefer to do it yourself, Google Sheet has what you need. Google Sheets is a solid spreadsheet program which allows for multiple rules, calculations, and internet and external data references.
This level of interoperability allows you to create multiple inter-connected budgets which can all interact and update alongside each other.
If you were under the impression that the app store was filled with nothing but games and ways to send silly cat pictures, you were almost right. Alongside these apps are some truly powerful tools like the apps mentioned in this article, which can really help everybody improve their financial position.